"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country."
—Andrew Jackson, letter, April 26, 1824

Friday, June 29, 2012

Over the past year or so I've tried to bring a more professional tone and keep the blog away from my traditional wild west 4 letter word rant laden posts that brought most of you here. I conformed and tried to make this a place where everyone could feel comfortable and not have to endure my foul language. Well, that's about to end.

I've been so polite and patient, not anymore. I've had it. As most know about 6 months ago I hit a bad personal (market and government related only everything else is just fine thank you) funk. I'm tired of the same old rinse/repeat, lie to your face, theft, corruption, elitist controlled actions that are destroying not only the USA but the globe as well. It has become monotonous to post. Just the SSDD over and over and over. It is time to make a stand and maybe for this blog to make the swat list. It is time to attack.

We used to dance along the edge of empirical rebellion here at STB and it is time to bring that back. Patience or complacency or politically correct commentary is ending this week at STB. I never lost my fire, I just did not post things in my unique (Shanktified) style. Please welcome back the unhindered and uninhibited STB.

Note the banned word list will be referenced and targeted by the blog. Banned words - fuck you! For those of you with squeamish tummies and are afraid of standing up for what is right, those that are not willing to lay it on the chopping block the way our forefathers did, you can be a good little conforming sheeple and leave the blog now.

Seriously, don't come back. You will be much safer. Crawl into your little conformist pussy hole and leave. Before you go though you need to know one thing - you are no better than the entitled fucks that are ruining this country. You will be persecuted whether you fight or not. You will be belittled and subjugated to a life not fit for one of God;s greatest creations whether you fight or not, so I suggest you make a stand. This is the real deal. this war now. If you do not want to be associated with a real american that believes in his constitutional and GOD GIVEN rights that is just fine.

Let me apologize to you folks that can't handle the 4 letter words in advance (you were warned about this in the About Me section of the blog since the beginning). I am a good God fearing Christian person. I respect and greatly appreciate you and everyone that visits the blog daily. I personally believe I would be doing the greatest disservice to you if I did not tell it how I see it.

I need to thank all of you, especially the core commenters, for your support over the years. This blog had never been about anything but providing the best TA that I can and the truth. It is not about money or fame or anything material. I just want you to be aware of the truth, and folks, you are about to get a serious heaping dose of that.

All that over nuttin? I've been leaning that they will come up with some solution (that will only temporarily work before complete and utter destruction occurs), but only after the market has fallen to a level (1170 or as low as 1040) where tolerance no longer works and action will be mandatory. The only reason any of this BS matters is near term market reaction. Was it just yesterday I was discussing the missing ramp? That their playbook seemed to be off and the markets were not reacting to the rumor mill as they have over the past three years? Sorry, I was a day early.

Maybe you should read (sorry, it is on cnbs) Jim Rodgers interview where he gives his thoughts on the coming financial Armageddon.

Bottom line is it is Friday before America's biggest holiday week. They had to throw out something to get the sentiment going in the right direction right or wrong, true or not. Price is back at the upper end (over 1341 minis) of my consolidation range. (could this be yet another right shoulder launching pad if yo a low volume holiday week climbing the wall of worry with potential impending bank holidays for the 3rd year in a row?

Who knows? I do know one thing and that is I tired of this shit. I'm tired of watching the ruling elite ransack what's left of the globe. I've got a lot to say about this and the upcoming holiday which will most likely be in classic STB rant form as I'm closer to imploding than the markets. I'm ticked off yet again.

Minis 4hr - I updated some of the ST charts last night for your convenience. This chart is ToS but from a different computer so it is a bit different. Bottom line is 1341 resistance and the last top at 1357 are major players here. It is possible an STB point exists the week of 7/24 near the 1390 level.

I'll be around today. If you have not figured it out I'm posting from RC's time zone and am on vacation in the smoky hills of CO.

Thursday, June 28, 2012

The waiting games continue. What will the EU come up with? No real need to comment on this as most know my thoughts on the subject. SCOTUS either promotes the USA or the USSA. EOM, EOQ and July 4th all weigh on the markets.

Daily SPX - STB's consolidation call still rules as the waiting game plays out. This time is a bit different if you have not noticed. Normally in this rigged POS market price would be nearing new highs and looking for more as the global bailout train rolls on. For some reason though, this time, caution is being observed and asset levels are struggling to hold 1300 support. Is it game over for Team Manipulation and their extend and pretend liquidity pump?

Monthly SPX - I've been pointing to the Monthly 10/20ma cross for a few weeks now. What has the Fed been able to do? Well take a close look for yourself. They are fighting off the inevitable with all their might here.

I will not be here today, so hold down the fort and keep the lurkers entertained.

Wednesday, June 27, 2012

Sorry I'm late, but the front lock to the office busted and I could not get in. That's OK there is nothing going on but a little bleed up into the EU meetings on the slight hope (not rampant hope like there used to be) that a solution (LMAO) will be found for the crisis. Tempers are flaring and the few remaining somewhat solvent countries are tired of funding the supremely insolvent perifery.

That kinda tickles me as now they are getting to know what it feels like to be a US taxpayer. You know, a contributing member to society that actually produces something and is tired of feeding the ever growing and ever needy leaches of the entitlement class? So, can you sympathize with Merkel going into these meetings?

The holding/consolidation pattern continues as the elite banker assholes and politicians powers that be meet to try and hash out where the next trillion or two in bailout money will come from. If I may interject and give them another agenda item - they may want to start working on the next two or three rounds of bailouts at this time, because the last couple did not last that long.

Minis 30m - still waiting on some sort of form to develop. The channel yesterday is gone and a possible blue wedge has formed. red diagonal support held like a champ at 1305. Possilbe STB point at 1341 tomorrow afternoon.

Tuesday, June 26, 2012

Minis 30m - Blue wedge and green ED support busted and developed a falling pink wedge. Pink resistance busted, price fell to red support diagonal and a small yellow channel formed today just above 1300 and major support. The PPT did a fine job today ramping the markets on bad news and low volume. We're in a waiting game filled with rumors and speculation of how the CB's will fix things while teetering on the edge of disaster.

Waiting on the White Knight of Cash to show up and save the day is all there is to it. The markets (not bonds) simply wait and hope and pray and believe that all will be well. The greed that persists and the desire for mo money mo money mo money rules sentiment as price hangs on to critical support waiting on the next round of bailout funds to show up.

Sorry that the posts have not covered all of the BS that flows daily. I'm a bit tired of rehashing the same old story that's been going on for about 4 years now. The basic theme is everything sucks, we're doomed and the central banks will print and keep the dream alive that all is well when it really isn't.

The PIIGS are in tremendous trouble and things are only getting worse. The markets (not bonds) shrug it off and retain levels that should be reserved for a thriving economy and one that has quite a growth prospectus not one with massive debt and employment issues that has done nothing but stagnate held up by massive debt expansion and currency devaluation.

Monday, June 25, 2012

Well, another week starts and nothing has changed. Bailouts are all that's left and all bailouts do is worsen the overall situation. Like Denninger says, until governments realize, like the rest of us, that you can't spend more than you take in the situation will never improve. To add to that dilemma, just think about our (or the EU's) debt situation. Just how deep is a $16 trillion (and growing) hole? How do you pay off that debt while still spending more than you receive?

SPX Daily - Crossing that sky blue resistance area is proving to be difficult. The 1260 to 1370 range is very important. Above this range is tough to achieve and hard to hold. Below this range is a bottomless pit.

Friday, June 22, 2012

As for the markets - we may possibly have a couple more weeks of consolidation and low volume as the two weeks that surround the 4th holiday could either hold surprises (Italy) or they may be used to lull everyone to sleep. Heck, they may throw in a bank holiday, you never know.

I thought this Max Keiser vid was worth a look - the truth never hurts (does it?).

Thursday, June 21, 2012

Something is missing? I'm not sure what it is, but the markets reactions to the news yesterday is too muted. I can't quite put my usually reliable finger on it though. Zero Hedge even reads a bit more gloomy than normal this morning. Something is just not right. Like team manipulation implemented some sort of new diversion tactic and has us all looking in the wrong direction. I can't explain it, sorry I may be rambling, but something just does not feel right to me this morning.

Wednesday, June 20, 2012

Do you ever feel like you live in one of those lesser carnivals that travels the country and sets up in a shady part of town? You know, the low end circus where everything is ridiculously expensive, the food sucks, the rides are dirty and dilapidated, the workers are all zombies and every game you play is designed to rip you off. The reason I ask is that is how I feel about this country and how we are being governed. Somewhere between a bunch of fraud driven side show ripoffs and a used car dealer is where our government sits. This country is fast becoming a side show and is no longer the sparkling and glorious main event.

The whole global financial system has become nothing but a game of chance. Hell, they even rigged that in their own favor. Know what's funny? They are going to even lose at their own game. Skimming off the top and not dipping into your own stash is something that even the less savvy drug dealers know not to do, but not the greedy ass hopium peddlers. They got so high on their own shit they lost all control.

Tuesday, June 19, 2012

Not much to say again today. Too many balls in the air, so it is not worth speculating on the plethora of outcomes (to bail out or not and how) till the FOMC is out of the way tomorrow. Rumors should be hot and heavy today.

Monday, June 18, 2012

1341 (My first major resistance and upper consolidation area target) was gapped thru last night, but Team Manipulation's plans were foiled as the rats refused to follow the Pied Piper and the futures are now negative. The rising blue wedge can be completed now. The problem for traders now falls around the G20 and FOMC meetings this week (not to mention the bailout/restructuring rumors for the PIIGS as a whole).

I think we continue to consolidate with slightly more upside potential to (all I am willing to give at this time) the 1374 area as the markets averted a total disaster this past weekend, sentiment may be improving a bit (it won't last long), the fed could surprise and the markets just love liquidity talk.

Not much need for commentary today. Either we wake up Monday and the world is still here or it isn't. Well, it is not quite that severe, but you get my drift. You can not underestimate the systemic risks that an event like Greece leaving the EU would bring. If you thought the LEH crisis was a big deal in '08, HA!, wait till you get ahold of this puppy.

Not much need for charts today either. Sure we got opex and SPY max pain is at $134 (which is spot on a double top first major resistance point). Right now pretty much all the charts favor a bunch more downside except the daily.

My suggestion is to have powder dry and react. If you guess right then good for you. If you guess wrong, you are married to it cause stops will get blown out. One thing that is for sure, and as discussed here for at least a year if not longer on STB is the diminishing returns of QE and stimulus packages. Here we go with another of those smarter and more eloquent than thou posts that confirms STB's thoughts,

Thursday, June 14, 2012

Stress test is right! I'd hate to be the chair behind a central banker's desk right now, because you know it is getting gnawed on pretty heavily right now and will thru the Greek vote this weekend. Here we sit on the verge of a democratic vote that could ruin the elites plans for global banking domination. How do they plan to respond to the threat? Well, they all gang up on the rest of us of course.

Then I read, Here Comes The Mother Of All Rumors: G-20 Sources Say Central Banks Preparing For Coordinated Action. By now you must have realized that for me to attempt to cover all of the bad news is futile. I read it and see it as you do, but regurgitating it here has become more than redundant for most of us. Well this is a must post, do not miss announcement (rumor or not), because this is what it all boils down to. Why? Simple, because the past 4 years of economic stimulus, recovery, green shoot BS Keynesian experiment is about to blow up in their face and the derivatives market that they made billions off of is about to go up in smoke if this vote goes the wrong way.

Waiting on Greece and the FOMC about sums it all up. Still in consolidation mode as called. Jobs numbers did not assist the situation as the "recovery" or the "expansion" was called out again by the data.

My suggestion is to sit and wait or preposition (with safeguards) for what you think may come out of the Greek vote and the FOMC's reaction. There is not telling what will come. My gut says Greece stays in as no politician on the planet has a set big enough to stare down immanent financial destruction. Maybe the Greeks are just crazy enough to do it. It will happen eventually, but on who's watch?

SPX Daily - The 1285 to 1340 consolidation area is clear here. It is large, but that is necessary to contain the large swings in the bailout/Grexit sentiment that is flowing now. 38% retracement on cash and some other ma's on various time frames are restricting price here.

Wednesday, June 13, 2012

Out of the gates today I would ask that you all congratulate Mrs. Shanky on somehow surviving 20 years with Mr. Shanky today. How will we celebrate tonight? With our youngest taking the mound in the city championship tournament. Family values folks, put family and children first and everything else will fall in line. Many thanks to Mrs. STB for 20 incredible years.

Now back to the daily topic of modern finance, it appears that the traditionjoke new age theory of collateralization is rearing its ugly head again. "Some of the European banks are becoming short on collateral to pledge with the ECB, unless they can delever and sell some of their assets, which is difficult." Did Fitch Just End Europe's Hope For LTRO3? STB and other sites have noted the recent discussions of cash for gold that has evolved from your corner title pawn to global finance. One slight problem is you can't fractally expand gold like you can fiat currencies.

Tuesday, June 12, 2012

So the ECB is bailing out the banks so they can bail out the government, does that sound familiar? What will $125bn buy these days? We're about to find out. It appears that possibly the most expensive commodity on the planet right now is TIME and its price is exponentially growing.

Here at home you have Evans willing to write blank checks till pigs fly and Lockhart says that low yield should keep us from printing. The FOMC meeting is on the 20th. There should be some interesting rhetoric in the coming days surrounding the Fed's dilemma.

There is so much uncertainty out there right now between bailouts and how and why and when and who and who is next and who wants their deals reworked and who will need more and when that you can hardly grasp it all. All you need to know is whatever they do, adding more debt is only throwing fuel on an already out of control inferno.

Monday, June 11, 2012

Sorry, running a bit late today. Did you hare that Spain got bailed out? Something like $100bn? Must be nice. Kicking the can can be hazardous to your health.

Let's get to the charts and see what's up.

I updated my Weekly Target Chart - Not good if you ask me. Twist/LTRO are apparent off the October lows. Shall we begin a 4th round of easing to pump it even higher? We all know what's going to happen if they don't or when they can't (that's graphically shown on the chart). I'd say the fireworks on July 4th of 2015 will not be so jubilant with the SPX trading near 560 (cycle intersection with lower black diagonal - green box).

A quick look at the minis shows the rising green wedge off the lows, a possible yellow triangle corrective to backtest support and now a move north (against all odds and on bailout rumors alone). I'll get more into upper and lower resistance/support points Sunday evening or Monday morning. Keep watching the news this weekend as we're at a point where something serious could break at any moment. In the last hour the bulls managed to take out 1316 resistance. There is possible a larger ED or megaphone forming.

OK, this is something that has me a bit freaked out and you should be aware of the potential threat. Yesterday there was either a nuclear leak or not of some sort in Indiana and Michigan. This was quickly dismissed as a testing station lost power (nearly impossible) and sent a glitch thru the system. Today we discover that not one but two testing stations reported elevated radiation readings. OH, did I fail to mention all of the mysterious explosions and military helicopters? Did I mention that they turned OFF one of the reporting systems networks? Maybe you should read these posts and watch the vid.

Confusion? Lack of certainty? No conviction? Having trouble believing what is real? Sentiment lagging? Faith flawed? Distrust everything? Creed questioned? Good, you are right where you need to be!

How else do you react (as an investor) to a market that no longer represents anything you have grown to know and understand over your years of study and trading? How do you manage a market that is is totally manipulated and run by computers trading near the speed of light creating false bids and giving the appearance there is actual liquidity ready to absorb your next trade? You should be stunned, horrified, enraged and boiling with anger at what the elite crony capitalists have done to destroy your markets and financial system in the name of greed and pursuit of wealth and power.

Thursday, June 7, 2012

Who knows? The title sounded good and team bailout appears to be facing some resistance. That is to be expected as nothing is easy when insolvent entities are drumming up a few trillion from insolvent lenders and the economic and political backdrop are not so rosy.

A quick look at the markets - This morning I spoke of the potential backtest of the green busted resistance (as I always warn of a backtest whenever support or resistance is busted). Well we got it after hours compliments of a 6 point gap down after hours bringing price ever closer the the STB point I brought up yesterday morning where the green, red and pink diagonals converge near 1308 later tonight.

What can you say? The markets are solely relying on intervention (read: corruption, fraud, manipulation) to keep from crashing. As the global economies fade and as insurmountable piles of debt exponentially grow, they must print more to keep the global financial life support machines running. From Zero Hedge - Overnight Sentiment: The People Demand A Bailout #POMOList “and Bernanke will be on his own. God save the markets if he does not deliver, either today at the JEC testimony at 10 am or at 2:15 pm on June 20, as the S&P has now priced in at least 75 points of NEW QE intervention.”

So here you stand as an informed investor. You know the risk, the global strife, the debt and funding issues, you understand that without the liquidity pump that everything dries up worse than the Sahara, what do you do? You (as repeated here almost daily) must follow the Fed. You can not tug on superman's cape. You can not bet against the dealer with the rigged boot. You can not do what is logical, right or correlates to anything involving traditional investment or market theory.

Wednesday, June 6, 2012

Welcome to the beginning of the end? The last hurrah? The big schnitzel? The last dance? Funny, when you know these things will eventually arrive, just not knowing the Fed or ECB's timetables, and then they pop up, all you can do is laugh. It really is not that hard. Kinda like knowing the sun will come up and where tomorrow, the financial cabal's hand is pretty much exposed.

This move has all the telltale signs of the last four rim ramp job beginnings. Just see the daily chart below (see green boxes). These questions arise, did they let price correct enough, were they forced to start the rumors before they were ready or did the last easing/LTRO just tragically fail? Uh...no, yes and yes.

Well the Transit of Venus was something spectacular to see. Now the Transit of Bailout comes for the fourth time in four years. All I can say is that everyone should have seen it coming. It was only a matter of time. Granted we're still only in the rumor phase, but the bulltards are back at it again.

Most everyone knows that any effort to solve the debt crisis with more debt has not worked so far (only worsened the overall problem) and this time will be no different. That does not matter as the sheeple are all conditioned to buy when Mr. Buffet says buy and to follow the CNBS state propaganda line to death, buy, buy, buy.

We've been discussing the last great stick save from several angles for at least a year now. How far would they let it fall and so on. It appears their hand was forced a bit early this time due to the very real crisis in the EU, diminishing economic trends in the US and a potus (I capitalize nothing relating to captain hope as it is not deserved) that needs a lot of reelection help. They were also short changed in achieving the level of shorts required for the proper massive squeeze.

Minis 4hr - Green wedge down still in play and the blue expanding wedge of 1264 is rising with price at 1301 and purple diagonal support resistance.

Tuesday, June 5, 2012

OK, big deal tonight. You need to pay attention to the Venus Transit of the sun this evening. I watched a couple of short vids on this today and did not realize how important the history behind this event was and what it meant to science today. Follow this link the a good post on the event. I suggest you take a few minutes to learn more behind the history of the event and what its impact on science. Oh, and you won't get the chance to see this again in your lifetime (or your kids) cause it won't happen again till 2117.

Why bother cover the multiple bailout rumors du jour. I know they get a bit humerus after FN and CNBS throw out their umpteenth iteration (they need something to talk about of the than FailBerg - FB). Bailout this and that and wait for the white bailout night to come to the rescue. Denials and head fakes and promises and breaking this and that and renouncement and blah blah blah. You can go read all that crud if you like. I'll just hit the headlines and move on. It is all a waste of time till you see the ticker move one way of the other in a big way.

One word - Boring! What? did they decide to play follow the green line today? I'll reiterate what I said in the morning post. Crossing the blue upper channel resistance diagonal marks a possible breakout above fib, gap and price support at 1264. Remember there is nothing above or below price to really stop any movement.

All you can do is wait and see what happens. You've seen it before. The market is anticipating bailouts galore and for the powers that be to not let the system fail. Pretty run of the mill basic stuff here as you should be used to how it works now. You have seen this action as the permabulltards start lining up to get long ahead of the next mega bailout. They are gonna get burned one day. A bull trap will be set and it will sting.

If you were wondering about the FLAME virus (the same one that has targeted the middle east) and if you could be vulnerable I suggest you read this post from Wired. It sparked my interest because I just ran updates for three computers this week with MSFT software. Guess how Flame gets in? Thru a rogue update!

So the waiting game begins as the EU summit and G7 talks commence. Will Germany do the unthinkable (and unpopular with their citizens) and bail out the rest of the euro zone (wanting all their gold as collateral)? I lay the odds that they try and defer to the Fed one last time.

Those two (Germany and the Fed) appear to be the only hope now (which is not saying much cause this effort will be futile as well). So will it be euro bonds or a banking cartel/union or what? Who knows WTF they will come up with this time to extend and pretend. All I know is that it will not work. Why? Shall we go back to my old 'do the math' thesis? Just check the chart out and read this post (Spain Caves - and begins to beg) from Zero Hedge.

Monday, June 4, 2012

Late today Egan Jones spanked the Queen on Jubilation Day or whatever elitist pomp celebration day it is. Nothing against the royals and the history over there. I get it, it's cool and I respect it. I'm all about God bless the Queen and all that. It's just that I'm a bit tired of the elite right now and the Queen kinda exemplifies a group of people on this planet I don't feel like paying homage to right now.

Anyway, Egan Jones pooped on the UK today downgrading them from AA to AA-. The nerve of those people. On Jubilee Day, while no one is looking and most are deep in the pints, WHAM, you got served. Of course in all fairness the PPT steps in over here and the markets actually rally on the downgrade. Makes plenty of sense to me. Sure, I get it. Rally on downgrade, the new normal.

I told you last night not to be surprised to see all the losses erased and a green open. We've seen it before. The sheeple are not allowed to know and will be kept in the dark about the near collapse that happened last night. Nothing to see here move along.

After toying around with the Flash Crash vids Friday, I found this circuit breaker post on ZH amusing and well worth the read. It is not a matter of if but when in this case. I suggest you have your questions answered before the crash happens and not during about the hows. whats and whys if crash etiquette. Did The SEC Hint At A 7% Market Plunge?

Minis 60m - Welcome to stage three of the SYB call bonanza. We've walked price down to 1341, 1300 to 1295 and now have hit the 1260 target. Just below this support is a large gap that they will defend. Big chunks or holes that were left by the rapid ramping climb (when you ramp it you do not leave naturally occurring support and resistance points) are getting filled rather quickly these days. 1220 would be the next stop, then round level 1200 and finally my ultimate 1170 target. Anything below that would be gravy and I am satisfied that this fall may now correct. That's not saying it will, but that from this point down you should be wary of a reversal of some sort. You can see the gap from 1249 to 1259 in gray just below support here. 1286 starts the backtest area with 1300 to 1310 contains all sorts of resistance (just as it was all sorts of support on the way down).

I'm running a bit late today. Sorry for the lame post. I'll get you some more charts in the commentary.

Friday, June 1, 2012

What a week/month for the bears! Can I get an AMENAHHHHH! It appears that the markets may finally be getting it and an orderly exit is underway. Well, orderly for now at least as once some real fear and panic start to set in flash crash conditions will prevail.

Thanks again to all the lurkers that came out of the closet this week and to the core for an exceptional week of commentary.

I've been lazy on the chartbook, sorry. Here I threw together a very vanilla long term monthly chart that should be really easy for everyone to decipher. I'm sure I will throw a thousand other things on this chart so read it while it is very basic. Note the black lines indicating every index is now lower on the year.

All I can say is not good. The 'not good' news is so expansive I'm not going to bother and cover it all. Let's just say global PMI is imploding and the NFP huge miss this morning took price thru the major support and to fresh lower lows. Not good.

As usual we need to place our conspiracy hats on (AFDB's for you long timers here at STB) and start conspirasizing and asking the questions regarding raw market manipulation. How long till they pull out the big bailout gun or launch the mega bailout rumors to quell the slide? Can they QE/LTRO one more time? Will they do a global bailout? Will a bailout work? Will they do it in time? Has the global systemic meltdown fuse been lit? Has the first domino fallen? Can they stop the inevitable? What sort of solution can they come up with to stop the implosion?

Enough questions? I could ask about 1,000 more, but you get my drift. Here is the deal, they must stop the core slide and protect the banks at all cost, legal or not, because if they don't the global financial system implodes. This is inevitable as the quadrillions in derivatives once triggered will be responsible for wiping out most of the wealth on the planet. The BIS, ECB, Fed and other global banking syndicates (not to mention governments) are scared shitless now and will use anything possible to save their ass (again legal or not). This makes investing very dangerous at this time.

About Shanky

I am a former financial professional that blogs for fun. I enjoy sharing my thoughts with others on my blogs. I hold nothing back and apologize for the foul language in advance, but dire situations require accurate descriptions. Please feel free to contact me with your thoughts or tips at the email address provided. Enjoy!

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You are a complete bonehead if you take and act on any of the advice given on this blog. You need to have your head examined if you solely rely on others telling you what to do and do not do your own homework. This is fun for me and should not be construed as investment advice. If you think it is, DON'T! Enjoy!
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